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EZU, SPDN: Big ETF Outflows


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Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Eurozone ETF ( EZU ), where 9,500,000 units were destroyed, or a 2.9% decrease week over week. Among the largest underlying components of EZU, in morning trading today NXP Semiconductors ( NXPI ) is up about 1.6%, and Coca-Cola European Partners ( CCE ) is up by about 0.1%.

And on a percentage change basis, the ETF with the biggest outflow was the Daily S&P 500 Bear 1X Shares ( SPDN ), which lost 350,000 of its units, representing a 29.2% decline in outstanding units compared to the week prior.

EZU, SPDN: Big ETF Outflows VIDEO: EZU, SPDN: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
Referenced Symbols: EZU , NXPI , CCE , SPDN


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